The Minnesota company's profits rose by double digits despite some challenges in the second quarter, and its CEO says it will be expanding its digital offerings to simplify banking for customers.
Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A.
Banks are more established organizations that cannot afford to take the same shortcuts and risks as startups do in fintech development, executives said.
Sageworks, a financial services software firm that provides institutions with lending and risk solutions, is being sold to Silicon Valley-based Accel-KKR.
